China’s Crude Runs Near Record Levels In June

Oil

China’s crude oil refinery throughputs in June increased by 236K b/d m-o-m and 254K b/d y-o-y to 11.26M b/d, the country’s National Bureau of Statistics said. This is just slightly below December 2016’s record high of 11.31M b/d. Across 1H17 as a whole, throughputs were 11.15M b/d,  up from 10.71M b/d during the same period in 2016.